Dr. Scott Gottlieb is wary of the safety and effectiveness of a new coronavirus vaccine touted by Russian President Vladimir Putin as the world’s first drug approved to prevent Covid-19. “I wouldn’t take it, certainly not outside a clinical trial right now” where patients are closely monitored, Gottlieb said on “Squawk Box” on Tuesday. “They’re claiming that it’s fully approved, but
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Alaina Lattin and her family Alaina Lattin was served an eviction notice last month at her home in Conroe, Texas. “It was a very loud banging,” Lattin, 32, said. “They just kept screaming, ‘Leasing office! Leasing office!'” Now, the single mother is worried that she and her four children will become homeless.  Lattin is one
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Key Findings The Low-Income Housing Tax Credit (LIHTC) offers developers nonrefundable and transferable tax credits to subsidize the construction and rehabilitation of housing developments that have strict income limits for eligible tenants and their cost of housing. The LIHTC has subsidized over 3 million housing units since it was established in 1986, the largest source
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A Transportation Security Administration (TSA) worker screens luggage at LaGuardia Airport. Spencer Platt | Getty Images The coronavirus pandemic is keeping many would-be travelers away from the airport this summer, but the Transportation Security Administration on Monday said it found guns in passengers’ carry-on bags at roughly three times the rate of last year. The
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Aerial view of Lujiazui Financial District at dusk, Pudong, Shanghai, China. Fei Yang | Moment | Getty Images U.S. sanctions on Hong Kong leader Carrie Lam raises uncertainty for international banks that were looking at a historic opening of the Chinese financial market. The U.S. Treasury announced Friday sanctions on the semi-autonomous region’s chief executive and
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A passion for eating permeates Istanbul, a city that famously straddles Europe and Asia, one whose cuisine has long been known for its variety and quality. In addition to the traditional purveyors of impeccable grilled fish and meats, intoxicating street food and famously fragrant desserts, several restaurants are taking the concept of “Turkish cuisine” in
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The Chinese government’s efforts to tamp down speculation in property markets will mean that funds will flow to equities instead, allowing for more upside in onshore equities, an economist said on Tuesday. “We think the liquidity will likely go to the equity market,” said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management. Although
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 After plunging in April, consumer sentiment in housing began a promising recovery. Home sales surged and beat expectations; homebuilders reported buyer traffic was, well, through the roof, and online housing-related searches soared. Consumer confidence in housing now appears to be weakening, but consumer curiosity is not. Fannie Mae’s monthly Home Purchase Sentiment Index fell back
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